Innova Wealth Partners Buys New Stake in iShares 20+ Year Treasury Bond ETF $TLT

Innova Wealth Partners bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 9,998 shares of the exchange traded fund’s stock, valued at approximately $894,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cary Street Partners Investment Advisory LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 130.9% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 161 shares in the last quarter. Greykasell Wealth Strategies Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $27,000. Smartleaf Asset Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $33,000. First Command Advisory Services Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $33,000. Finally, Ameritas Investment Partners Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $33,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $86.96 on Thursday. The business’s 50-day moving average is $88.26 and its 200 day moving average is $88.86. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $94.09. The firm has a market capitalization of $45.12 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.3006 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

About iShares 20+ Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.